LoopX develops a physical AI platform that combines thermal computer vision, edge computing and proprietary AI models trained on data collected from operating mine sites. Its product portfolio includes a collision avoidance system for mobile mining equipment, LoadSight for automated payload measurement and material tracking, and BoomGuard for active safety around boom-operated machinery. The company’s systems are deployed at eight active mining sites operated by customers and contractors including Vale Base Metals and Cementation Americas. LoopX uses data collected from deployments to improve its models, system reliability and implementation processes. The company plans to expand its applied AI engineering, customer success and go-to-market teams following its seed raise.

Total raised

$4M

Funding rounds

1

Latest round

Seed

Latest activity

Aug 2026